For Sale
17344 Salem Street, Detroit, MI 48219
$99,900
MLS # 20261034802 (Realcomp)
3 beds2 baths1,000 sqftBuilt 19440.2 acres
1 / 28
Listing Description
Excellent investment opportunity at 17344 Salem in Detroit! This well-maintained 3-bedroom, 1.5-bath bungalow is tenant-occupied with a long-term, reliable tenant who has been in the property for over 10 years and is signing a new lease at $1,300 per month, making this a strong turnkey addition to any investor’s portfolio. The home features an updated kitchen and full bathroom, plenty of natural light throughout, and a full basement with updated plumbing. Major improvements include a newer roof replaced within the last few years, helping provide peace of mind for future ownership. Outside, you’ll find a large backyard along with a detached two-car garage. The property previously appraised for $120,000 just a couple of years ago, adding to the overall value and upside potential. Whether you are a seasoned investor or looking to start your rental portfolio, this income-producing property is a great low maintenance option!
Source: SparkMLS
About this home
Located in Redford in Detroit, this property offers 3-bedroom, 2-bath, 1,000 sq ft, with original construction dating to 1944.
Asking $99,900 (about $100/sq ft).
Estimated annual property tax: $2,304, or about $192 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,000 sqft
Lot Size0.2 acres
Year Built1944
Stories2
Location
CityDetroit
Zip Code48219
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionAluminum Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/14/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,294
Tax Year2025
State Equalized Value$35,900
Assessed Value$35,900
Parcel #22124298.
Source: Public Records
Legal Description
E SALEM 121 MORTENSONS GRAND RIVER SUB L39 P1 PLATS, W C R 22/374 50 X 172
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Joseph Hammel
Keller Williams Somerset
Frequently Asked Questions about 17344 Salem Street, Detroit, MI 48219
What school district is 17344 Salem Street, Detroit, MI 48219 in?
Per MLS# 20261034802, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261034802, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261034802, the most recent reported annual property tax for 17344 Salem Street, Detroit, MI 48219 is $1,995. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 17344 Salem Street, Detroit, MI 48219 eligible for USDA financing?
Per USDA Rural Development boundary data, 17344 Salem Street, Detroit, MI 48219 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 17344 Salem Street, Detroit, MI 48219 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$2,304
Monthly$192
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$840
Principal & interest$648
Property taxes$192
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
17344 Salem Street, Detroit, MI 48219
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Neighborhood
Redford
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Community
Detroit
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County
Wayne County
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